Posted by Brian Jasper co. Ia on August 25, 2009 at 17:19:11 from (72.171.0.140):
In Reply to: value of farmland posted by jacksonduper on August 25, 2009 at 10:03:11:
You need to consult a lawyer that specializes in estate planning. I had an uncle who had to sell off parts of his farm to pay for my aunt's care in a nursing home. If I remember correctly, the lawyer said that a minimum of 2 years would have had to pass after they conveyed ownership to my cousin to shield the farm from being taken to pay debt.
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